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Dec 31, 2012
12/12
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WETA
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with all of the money printing in washington and inflation creeping up. some say it's smart to holding collectibles to your lineup to stay in the game. >> we need to gis distinguishbed investments. and some of these can be rewarding particularly if we see higher inflation in the years to come. >> you can easily unload yourb u can for a stock or bond. there will be a healthy demand for the yankee slugger that built the house but now houses the dirt. babe ruth went for record prices. >> he is the face of baseballanp in time. >> not to mention a good facef . john stocks would you mind signing this? >> have you got a basketball? >> susie: on wall street traders popped open thgnchpaame on hopes a fiscal cliff deal was imminent. big board volume climbed to 730 million shares. six stocks were up for each one that was down. over on the nasdaq volume was more than twice as heavy at 1.5 billion shares. on the sector front, we saw gains of at least 2% in technology, energy and materiapa related stocks. financials were the strongest group this year, rising overr 26%.
with all of the money printing in washington and inflation creeping up. some say it's smart to holding collectibles to your lineup to stay in the game. >> we need to gis distinguishbed investments. and some of these can be rewarding particularly if we see higher inflation in the years to come. >> you can easily unload yourb u can for a stock or bond. there will be a healthy demand for the yankee slugger that built the house but now houses the dirt. babe ruth went for record prices....
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Dec 31, 2012
12/12
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WBAL
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with your money on the line, tonight washington can only claim progress. but not success. >> it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. >> we're very, very close. >> reporter: close comes after intense, closed-door negotiations that kept even most members of congress in the dark. the white house and senate leaders have been trying to beat a deadline they created to stop massive tax increases and automatic spending cuts that could trigger another recession. but one breakthrough did come today. >> i can report that we've reached an agreement on all of the tax -- the tax issues. >> reporter: a genuine compromise on taxes. most notable, rates would go up for couples earning above $450,000 a year. and today the same for everyone else. but they are divided over how much and how soon to cut government spending. and people are frustrated. >> sometimes you wonder, is it all just for show, or, you know, what's really going on behind closed doors? >> reporter: come midnight, your takehome pay shrinks. income t
with your money on the line, tonight washington can only claim progress. but not success. >> it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. >> we're very, very close. >> reporter: close comes after intense, closed-door negotiations that kept even most members of congress in the dark. the white house and senate leaders have been trying to beat a deadline they created to stop massive tax increases and automatic spending cuts...
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Dec 31, 2012
12/12
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washington taking america right over the fiscal cliff. and when that ball comes down in times square tonight, every american's taxes will go up. what happened? >>> the other breaking story tonight. hillary's health. doctors reveal it is a blood clot near mrs. clinton's brain keeping her in the hospital. dr. besser right here with what this means. and what mrs. clinton just told barbara walters after becoming the most traveled secretary of state. >> are you exhausted? >> i am. to be honest, i am. >>> the big chill. a million americans in times square tonight. this evening, the security, the weather. some of the coldest temperatures of the winter. and what we didn't note about something else that will be falling at midnight. ginger zee in times square. >>> and, so long. >> so long. so long. so long. >> the man who said himself, "the show must go on." the first new year's without dick clark, as we heard tonight from his wife. she answers the one question she says so many have been asking her. >>> good evening on this new year's eve. diane co
washington taking america right over the fiscal cliff. and when that ball comes down in times square tonight, every american's taxes will go up. what happened? >>> the other breaking story tonight. hillary's health. doctors reveal it is a blood clot near mrs. clinton's brain keeping her in the hospital. dr. besser right here with what this means. and what mrs. clinton just told barbara walters after becoming the most traveled secretary of state. >> are you exhausted? >> i...
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Dec 31, 2012
12/12
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WUSA
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it's tough to run a company when you have no idea what's going to happen in washington. lee cowan has that part of the story. >> reporter: joanne is running the numbers. her payroll is due this week. although she at least now has a hint of what taxes to withhold from her dozen employees, that's only half her worry. unresolved spending cuts are the other. >> it's very uncertain and very unnerving and very... causes a lot of anxiety and a lot of lack of sleep. >> reporter: she's the president of golden state magnetic and penetrant, a $2 million a year los angeles company that inspects, cleans and paints high-tech aircraft and aerospace parts. everything from fighter jets to mars rovers. any cuts in defense spending could mean cuts in her business too. and waiting has her on a fiscal cliff of her own. what does it do to there's another month, two months, three months of this? >> it could potentially impact the entire year. it doesn't allow you to make any plans or focus on what your future expansion or growth or anything is. >> reporter: it could shoot a hole in your whole
it's tough to run a company when you have no idea what's going to happen in washington. lee cowan has that part of the story. >> reporter: joanne is running the numbers. her payroll is due this week. although she at least now has a hint of what taxes to withhold from her dozen employees, that's only half her worry. unresolved spending cuts are the other. >> it's very uncertain and very unnerving and very... causes a lot of anxiety and a lot of lack of sleep. >> reporter: she's...
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Dec 31, 2012
12/12
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WMAR
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we have the latest from washington. >> reporter: just hours before the midnight deadline to avert the fiscal cliff, president obama said a deal is within sight but not there yet. there are still some issues to be resolved. our most immediate priority is to stop taxes from going up on middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> reporter: senate minority leader mitch mcconnell and joe biden are leading the negotiations. the deal will increase the estate class, extend unemployment benefits and bring back higher clinton tax rates on high incomes. from households earning $20,000 to those earning $450,000 a year. this create lad divide within the party with senator tom harken saying he and other democrats may block a deal. >> the deal must be one that favors the middle class, the real middle class. >> reporter: some lawmakers are frustrated there's still no bill up for a debate. >> senator reid should put a bill mon the floor, let the americans see it not another deal made behind closed doors. >> reporter: another sticking point, how lon
we have the latest from washington. >> reporter: just hours before the midnight deadline to avert the fiscal cliff, president obama said a deal is within sight but not there yet. there are still some issues to be resolved. our most immediate priority is to stop taxes from going up on middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> reporter: senate minority leader mitch mcconnell and joe biden are leading the negotiations. the deal...
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Dec 31, 2012
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or he was in dc tefor christmas inn washington, certainly, he's not quite on stage. let me show you what's going on stag ge as the performers come , do the sound check. the you can see exactly where we are.ar the great view, and even theth people to stage left and right have a good view, and with the cameras, you can see this atat home, very, very well, and we're glad you're here. >> it looks like agents going tt be a great -- it's going to be great night. craig, stay warm and have funfu with a million of your closestr friends.s. >> you've got it! >> we just missed it. gangnam style. >> lindsay, our producer, i'll ' give up my time so we can -- i'm kidding. >> the last thing i want to hea is one more time this year isi gangnam style. i don't think i've listened tost the whole thing.ole >> you can do the dance. >> you know i can't dance! >>> here's what's going on thiss evening. not here, not times square, but here, here for us, it's actually the same weather for them ast what we heget right now. we have cloudy skies, that'ss, been the trends all day long, temperature
or he was in dc tefor christmas inn washington, certainly, he's not quite on stage. let me show you what's going on stag ge as the performers come , do the sound check. the you can see exactly where we are.ar the great view, and even theth people to stage left and right have a good view, and with the cameras, you can see this atat home, very, very well, and we're glad you're here. >> it looks like agents going tt be a great -- it's going to be great night. craig, stay warm and have funfu...
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Dec 31, 2012
12/12
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WUSA
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washington hosts seattle at 4:30. be sure to tune in to wusa 9 for game on overtime after 9 news at 11:00. long time eagles head coast eagle reid is out in philadelphia, one of seven head coaches fired on blackmon day, the day nfl coaches get the axe. reid coached the eagles for 14 seasons and led them to six division titles and five nfc championship games in that time. >>> it's new year's eve and we're winding down to the top d.c. sports moments. we're at number two. if you think playoff baseball is in the mix, you're right. >> three balls two, strikes. the pitch. swing, and a long hit, deep left field, going, going, going! >> who in the world can forget this walk-off home run in game four of the nlds. that homer extended the nats postseason for just another day. >>> no news in the hockey lockout. the capitals captain alexander ovechkin is making news. he and russian tennis player maria kirby kirilinko are engaged. >>> we're because at 6:00 with your only local newscast. we're always on wusa9.com. have a great night.
washington hosts seattle at 4:30. be sure to tune in to wusa 9 for game on overtime after 9 news at 11:00. long time eagles head coast eagle reid is out in philadelphia, one of seven head coaches fired on blackmon day, the day nfl coaches get the axe. reid coached the eagles for 14 seasons and led them to six division titles and five nfc championship games in that time. >>> it's new year's eve and we're winding down to the top d.c. sports moments. we're at number two. if you think...
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Dec 31, 2012
12/12
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WBAL
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national fireworks could be in store if leaders in washington cannot compromise. the house has announced it will vote on other bills tonight. >> that means america will, indeed, fall of the fiscal cliff at midnight, at least technically. sally kidd is in washington with more. >> the two sides say they are very close to a final deal, but there is still a major sticking point. congress is going to miss its midnight deadline. just hours to go in the fiscal cliff is in sight. >> i can report that we have reached a deal on all the tax issues. >> the agreement looks like this. taxes will go up on folks earning more than $250,000 a year. tax credits for college tuition, clean energy and for those with children would be extended as well. >> it is not done. >> there are still some things to be resolved before it can bring legislation to the floor. >> in an afternoon briefing, president obama said he will not accept the deal that slashes spending without raising taxes, too. >> if they think that is going to be the formula for how we solve this thing, that is not how it is g
national fireworks could be in store if leaders in washington cannot compromise. the house has announced it will vote on other bills tonight. >> that means america will, indeed, fall of the fiscal cliff at midnight, at least technically. sally kidd is in washington with more. >> the two sides say they are very close to a final deal, but there is still a major sticking point. congress is going to miss its midnight deadline. just hours to go in the fiscal cliff is in sight. >> i...
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Dec 31, 2012
12/12
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WFDC
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en washington claudia uceda univision.... tambien en el deporte hubo noticias de impacto y aqui con oscar burgos para un adelanto... que tal como les va, el deporte tambien escribe su propia historia con los equipos del area donde se dieron algunos buenos resultados pero no se logro ningun titulo, aca esta lo que paso con nuestros iniciamos nuestro resumen deportivo de fin de aÑo con las pocas alegrÍas que nos dejaron nuestros equipos del a Área. por ejemplo en el be Éisbol de grandes ligas, donde los nacionales de washington contra todos los pronÓsticos fue el mejor de la temporada regular, despues de muchos aÑos de espera lograron su clasificaciÓn a la postemporada, fueron varios meses de alegrÍa con los nacionales. muy cerca de acÁ, al otro lado del rio potomac tambiÉn fueron buenos momentos con los orioles de baltimore que hasta en los Últimos instantes luchaban para superar a los yanquis en el primer lugar de la tabla, sin embargo tambie Én lograron su clasificaciÓ n al playoffs. los oiroles quedaron fuera e
en washington claudia uceda univision.... tambien en el deporte hubo noticias de impacto y aqui con oscar burgos para un adelanto... que tal como les va, el deporte tambien escribe su propia historia con los equipos del area donde se dieron algunos buenos resultados pero no se logro ningun titulo, aca esta lo que paso con nuestros iniciamos nuestro resumen deportivo de fin de aÑo con las pocas alegrÍas que nos dejaron nuestros equipos del a Área. por ejemplo en el be Éisbol de grandes...
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Dec 31, 2012
12/12
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WRC
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next, seattle it's in washington. >> we are washington! >> reporter: they make stash bucs. >> we play real bucs. >> rg3 has 102 raten. >> reporter: their rungs back has 1590 yards. >> our running back has more. >> reporter: can we beat them? >> yes we can! >> reporter: can we beat them? >> yes we can! >> reporter: so jim and pat, cheers, happy new year, everybody. live in arlington, i'm pat collins, news4. >>> a lot of fans plan to go out and about. >> what's it going to be like at midnight? >> a bit on 9 cold site, but you expect that. >>> even a light breeze. even some sprinkles, flurries and some sleet mixed in over the last hour or so. looking good, waiting up form. >>> coming up, rg3's grandmother, a very popular woman in virginia. we'll talk to the woman who knows a different side of the rookie. >>> hillary clinton's doctors released new details this even about her recovery just as we learned she has a blood clot near her brain. >> police officers drunk down, but we may already have one death on the road. >>> we're going to be headin
next, seattle it's in washington. >> we are washington! >> reporter: they make stash bucs. >> we play real bucs. >> rg3 has 102 raten. >> reporter: their rungs back has 1590 yards. >> our running back has more. >> reporter: can we beat them? >> yes we can! >> reporter: can we beat them? >> yes we can! >> reporter: so jim and pat, cheers, happy new year, everybody. live in arlington, i'm pat collins, news4. >>> a lot of...
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Dec 31, 2012
12/12
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FOXNEWSW
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will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry looks at messaging and movement from president obama today. first, chief congressional correspondent mike emanuel on what seems to have been settled and how and what is still up in the air at this late hour. hi, mike. >> hi. bret. we hear from the republican senators they are optimistic and hopeful that a
will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation...
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Dec 31, 2012
12/12
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FBC
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let's go directly to washington senior washington correspondent, peter barnes, with details of negotiations. >> reporter: still some pieces being negotiated tonight, particularly on the sequestration, those automatic spending cuts that are supposed to take effect on january 2nd. about $100 billion. about half of that on the past -- defense department. still trying to work through the details of some democratic and republican side. it's unclear if there will actually get to a vote in the senate on that tonight, but they could if they work something out. otherwise we have the framework from sources familiar with these negotiations. here are some of the things that are on it. taxes would rise to return to the clinton error rates for families making over 450,000 year to may individuals making more than 400 to a back to the top rate of 36%. there would be a permanent fix to the alternative minimum tax, which is something that congress patches every year. it affects about 30 million people and is worth about 90 billion per year. that would get fixed permanently according to the sources. the estat
let's go directly to washington senior washington correspondent, peter barnes, with details of negotiations. >> reporter: still some pieces being negotiated tonight, particularly on the sequestration, those automatic spending cuts that are supposed to take effect on january 2nd. about $100 billion. about half of that on the past -- defense department. still trying to work through the details of some democratic and republican side. it's unclear if there will actually get to a vote in the...
WHUT (Howard University Television)
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Dec 31, 2012
12/12
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WHUT
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spoke in washington on behalf of the brady campaign. his 8-year-old son was pulled into a classroom by the teacher and escaped harm at the shooting last week. >> i am an immigrant. i have been here for 22 years. i held these beliefs, america has a deep history with guns. it is part of american history. gun owners and people who handle guns, they know how to keep them safe and be responsible. our politicians will do whatever they can to make sure our kids are safe. and, you know, every time something like columbine, virginia tech, or aurora happens, i ever my eyes and think, something must be done. but all those beliefs were shattered on friday. now i think we all need to speak up. >> democratic congressmember dennis kucinich. >> we spent trillions on more, to wage violence thousands of miles away, and we become anesthetized to the wilds of or against millions of innocent women, men, and children are brought. it is no wonder we are grappling with domestic violence. and as and if we took a fraction of those drilling we use for war and use
spoke in washington on behalf of the brady campaign. his 8-year-old son was pulled into a classroom by the teacher and escaped harm at the shooting last week. >> i am an immigrant. i have been here for 22 years. i held these beliefs, america has a deep history with guns. it is part of american history. gun owners and people who handle guns, they know how to keep them safe and be responsible. our politicians will do whatever they can to make sure our kids are safe. and, you know, every...
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Dec 31, 2012
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he's washington correspondent for "the takeaway" on public radio international and a regular guest on the newshour. so todd you're back with us again. six hours to go until midnight. progress reported but still to deal. >> senate republicans, judy the latest thing that has happened is senate republicans came out of a conference meeting with their leader, with mitch mcconnell all sounding positive. they all echoed what you had in the piece there from mcconnell saying they were very, very close to sequester the automatic spending cuts remain an outstanding issue. and kind of got thrown into the mix again today. you know the president in that appearance in the executive office building today in front of a supportive crowd, not really a press conference, more of like a minirally talked about the sequester and his desire to have any delay in the sequester paid for with revenue increases. you know, i talked to a few house members just a few moments ago. not only ot tone of the president's presentation but also that demand which they consider move og the goalpost even though democrats disput
he's washington correspondent for "the takeaway" on public radio international and a regular guest on the newshour. so todd you're back with us again. six hours to go until midnight. progress reported but still to deal. >> senate republicans, judy the latest thing that has happened is senate republicans came out of a conference meeting with their leader, with mitch mcconnell all sounding positive. they all echoed what you had in the piece there from mcconnell saying they were...
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Dec 31, 2012
12/12
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KQED
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he's washington correspondent for "the takeaway" on public radio international and a regular guest on the newshour. so todd, you're back with us again. six hours to go until midnight. progress reported but still to deal. >> senate republicans, judy, the latest thing that has happened is senate republicans came out of a conference meeting with their leader, with mitch mcconnell all sounding positive. they all echoed what you had in the piece there from mcconnell saying they were very, very close to sequester the automatic spending cuts remain an outstanding issue. and kind of got thrown into the mix again today. you know, the president in that appearance in the executive office building today in front of a supportive crowd, not really a press conference, more of like a minirally, talked about the sequester and his desire to have any delay in the sequester paid for with revenue increases. you know, i talked to a few house members just a few moments ago. not only ot tone of the president's presentation, but also that demand which they consider move og the goalpost even though democrats d
he's washington correspondent for "the takeaway" on public radio international and a regular guest on the newshour. so todd, you're back with us again. six hours to go until midnight. progress reported but still to deal. >> senate republicans, judy, the latest thing that has happened is senate republicans came out of a conference meeting with their leader, with mitch mcconnell all sounding positive. they all echoed what you had in the piece there from mcconnell saying they were...
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Dec 31, 2012
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. >> coming up, only hours left for leaders in washington to reach a compromise. some officials say there is hope. >> happy new year to people in australia and asia. >> hugo chavez remained in a hospital in cuba as his condition worsens. captioned by the national captioning institute --www.ncicap.org-- >> as the midnight deadline for agreement on a budget deal approaches quickly, it looks like u.s. lawmakers may have put together is stopgap agreement. some details are emerging as sources close say the talks have been centering on staving off the worst of $600 billion in spending cuts. the president had this to say. >> the potential agreement would make sure it taxes do not go up on middle-class families but it would also extend tax credits for families with children, extend the tuition tax credit that has helped millions of families pay for college, and it would extend tax credits. >> lawmakers were also narrowing the income level at which they would increase to between $400,000.50 under thousand dollars. no deal is reached, taxes will go up for all americans. >>
. >> coming up, only hours left for leaders in washington to reach a compromise. some officials say there is hope. >> happy new year to people in australia and asia. >> hugo chavez remained in a hospital in cuba as his condition worsens. captioned by the national captioning institute --www.ncicap.org-- >> as the midnight deadline for agreement on a budget deal approaches quickly, it looks like u.s. lawmakers may have put together is stopgap agreement. some details are...
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to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com in san francisco we have will durst he is a political comic and syndicated columnist and in paris we cross the analysts a bit more he's a journalist and political commentator on cross talk rules in effect if you want to do this for this episode here. analysts say if i go to you first in paris if there is a hierarchy of events or ideas of the year that's about to end what would they be for you. well it's got to be the presidential election for us because that was really sort of the great thing marking the. political year and the fact that because you were sent home by the voters so i would say that's the biggest thing this year john how about you but what's because i was going to say to you do you think two thousand and twelve droned along. did go along for a lot of unfortunate people in pakistan and yemen and elsewhere they're not too happy with the u.s. drone program there but i think probably you know my realm is foreign policy and i think unfo
to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com in san francisco we have will durst he is a political comic and syndicated columnist and in paris we cross the analysts a bit more he's a journalist and political commentator on cross talk rules in effect if you want to do this for this episode here. analysts say if i go to you first in paris if there is a hierarchy of events or ideas of the year...
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Dec 31, 2012
12/12
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WJLA
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district, george washington university holds at 39. winchester looking at 36 degrees. quantico near 40. due to the cloud cover, it will act as a blanket. the really cold air that will eventually make its way to our area for the middle of the week it is now around minneapolis. this is all part of a cold front that will bring us a chance for a little bit of a wintry nextmix. we're not looking for any type of accumulations. satellites and radar, clear skies, this is the system we're watching right now. it will gradually move towards the north and east. tomorrow morning, we will see a mixed south of d.c. once again, it is not going to be a big deal. futurecast looks like this, the clouds hang on to the overnight hours. temperatures around 33-35 degrees. tomorrow, it looks a lot worse on our futurecast that it will actually be. wednesday, the skies began to clear, but it will be called out there. -- cold out there. cloudy and cold for tonight, 28 degrees. for tomorrow, at first day of 2013, all little bit of a light went 3 mix will be possi
district, george washington university holds at 39. winchester looking at 36 degrees. quantico near 40. due to the cloud cover, it will act as a blanket. the really cold air that will eventually make its way to our area for the middle of the week it is now around minneapolis. this is all part of a cold front that will bring us a chance for a little bit of a wintry nextmix. we're not looking for any type of accumulations. satellites and radar, clear skies, this is the system we're watching right...
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Dec 31, 2012
12/12
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WRC
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next, seattle, it's in washington. >> we are washington! >> reporter: they make starbucks. >> we make real bucks. >> reporter: their quarter become has a rating of 100. >> rg3 has 102. >> running become has 1590 yards. >> our running back has more. >> reporter: can we beat them? >> yes, el we can! >> reporter: can we beat them? >> yes we can! >> reporter: to redskins fans everywhere, cheers, happy new years. how did that get there? live in arlington, pat collins, news4. >> hey, he's starting a new trend. thanks, pat. >>> it's tough to talk smack when somebody is holding a plunger. >> you don't want to go through. maybe we can come together. >> i like that idea. >>> coming up next, we have a disturbing crime. the search for a man accused of shooting out windows at an elementary school. >>> plus a robber gets more than he bargained for. >>> another kardashian to keep up with. what kim is saying about having a baby with kanye west. >>> and fighting drunk [ male announcer ] now at your neighborhood subway: the big hot pastrami melt. we perfecte
next, seattle, it's in washington. >> we are washington! >> reporter: they make starbucks. >> we make real bucks. >> reporter: their quarter become has a rating of 100. >> rg3 has 102. >> running become has 1590 yards. >> our running back has more. >> reporter: can we beat them? >> yes, el we can! >> reporter: can we beat them? >> yes we can! >> reporter: to redskins fans everywhere, cheers, happy new years. how did that...
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Dec 31, 2012
12/12
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FOXNEWSW
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just come back to washington -- >> juan: come back to washington. bryce harper. rookie of the year and tall sent on prime time for years to come. >> eric: good sports teams. >> kimberly: more of "sportscenter" when we return after the break. where am i? i love sports. it's been a great year. >> andrea: you watch sports on mute, kimberly, for the guys. >> kimberly: i like to make sure they are doing okay. i like the outif its. okay. so now, that is a true story. so now on a serious note, think about the holidays and the people celebrating, drinking and drive is no-no. madd does incredible work. mothers against drunk driving or alcohol prevention and to save lives. statistics. in 2011, 9,878 people died in alcohol involved traffic crashes in the u.s. 27 per day. let's take a number down
just come back to washington -- >> juan: come back to washington. bryce harper. rookie of the year and tall sent on prime time for years to come. >> eric: good sports teams. >> kimberly: more of "sportscenter" when we return after the break. where am i? i love sports. it's been a great year. >> andrea: you watch sports on mute, kimberly, for the guys. >> kimberly: i like to make sure they are doing okay. i like the outif its. okay. so now, that is a true...
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hospital in washington d.c. we'll tell you about a culture of drug dealing that has reportedly taken over at the hospital. it is monday december thirty first new year's eve in washington d.c. i'm christine for his hour and you're watching our t.v. . well get your parachutes everyone it looks like we will be going over the fiscal cliff after all the u.s. house of representatives has announced they will not be voting tonight on a budget deal now this may sound very dramatic but a few things to note tomorrow is a federal holiday markets will not be open if congress votes on this next week they could pass legislation retroactively blocking the tax hikes and spending cuts both sides do cells still seem to be bargaining over whether and how to avoid more than one hundred billion dollars in costs to defense and domestic programs those were scheduled to take effect on wednesday now we want to outline for you the latest details of this deal and sort of talk about what it means i'm joined by sam sax progressive writer and
hospital in washington d.c. we'll tell you about a culture of drug dealing that has reportedly taken over at the hospital. it is monday december thirty first new year's eve in washington d.c. i'm christine for his hour and you're watching our t.v. . well get your parachutes everyone it looks like we will be going over the fiscal cliff after all the u.s. house of representatives has announced they will not be voting tonight on a budget deal now this may sound very dramatic but a few things to...
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. >> as we wait for word of the deal, lawmakers in washington are under close scrutiny. that is because the alternative will impact almost every american. we are joined by nikole killion, who is live in washington to explain. >> some analysts say this is more of fiscal slope rather than a cliff, since the effects would be gradual, rather than a straight free fall. either way, it could be a long way down. >> higher taxes in 2013. >> 2013, taxes go up. >> several tax breaks expire and the tax policy center estimates the average household would face a tax hike of almost $3,500 in the new year. >> that means less money to buy groceries and pay the bills. >> consequence number two, delayed refunds. >> as many as 1 million taxpayers may get their money back late without a fix to the alternative minimum tax. consequence number three, automatic spending cuts. about $110 billion has to be slashed from the budgets across the board. >> the secretary of defense says it will decimate our ability to defend this nation. >> consequence number four, jobless benefits end. that have been e
. >> as we wait for word of the deal, lawmakers in washington are under close scrutiny. that is because the alternative will impact almost every american. we are joined by nikole killion, who is live in washington to explain. >> some analysts say this is more of fiscal slope rather than a cliff, since the effects would be gradual, rather than a straight free fall. either way, it could be a long way down. >> higher taxes in 2013. >> 2013, taxes go up. >> several tax...
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with me now is ezra klein from "the washington post" and "huffington post's" sam stein. a lot of republicans didn't like what they heard from the president today and have complained about it loudly. >> no, they weren't super happy with his somewhat jaunty press conference but they had a more substantive complaint. in his press conference and this was genuinely important, he said after this deal, even once republicans have voted to increase taxes by about $600 billion over the next decade, if they want to undo the sequester or do further cuts to medicare or social security, those -- that will all have to be part of, as he put it, a balanced package including revenues. he's saying even after this deal, the next deal, which we all expect to happen again because this is a pretty small deal, will have to include revenues as well. this gets to the key thing in these negotiations which is republicans are telling themselves if they agree to do a small tax increase now, they can go to the debt ceiling and then negotiate out an all spending cuts deal. the white house is telling th
with me now is ezra klein from "the washington post" and "huffington post's" sam stein. a lot of republicans didn't like what they heard from the president today and have complained about it loudly. >> no, they weren't super happy with his somewhat jaunty press conference but they had a more substantive complaint. in his press conference and this was genuinely important, he said after this deal, even once republicans have voted to increase taxes by about $600 billion...
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this is what washington is doing. that is the top priority. did you are the mean you're going to retain more taxes from the people that create jobs. that is the reality of it. leave it thereto and go on to might. caller: good evening. i have listened to all of this for years. i in 52 years old. when he left office he left the surplus. we spent trillions of dollars. president obama inherited a disaster. if the cuts go there are school districts, it would be a $2.5 million hit on our schools. they're going to start cutting programs on education, at the funding for breakfast in school for children. for some people these are the only males are kids get a deal -- a day. that is the way it is. we cannot cut funding for everything. if the people that have all this great just appeared we will talk more about this tomorrow on "washington journal." our guest will be george zornick and charles hurt. we're 21 more call on the republican line. caller: good evening. i object to the way the president makes these big fanfares. the whole truth is now coming ou
this is what washington is doing. that is the top priority. did you are the mean you're going to retain more taxes from the people that create jobs. that is the reality of it. leave it thereto and go on to might. caller: good evening. i have listened to all of this for years. i in 52 years old. when he left office he left the surplus. we spent trillions of dollars. president obama inherited a disaster. if the cuts go there are school districts, it would be a $2.5 million hit on our schools....
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taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you notice when you are driving cabs to the dad that is. too dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the road to where they can pick up to what they can charge them it into the fair. because the prices benefit going up but if it is a sit in and making it difficult to rack up those fares and serve customers are the cabs city limits. so we just arrived at reagan airport which is just right outside of washington d.c. and nasir a cab driver was nice enough to drop us off here only he can't get a return fare back he has to leave and go all the way back to d.c. without anybody in his cab simply because of the regulations. that requir
taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you notice when you are driving cabs to the dad that is. too dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the road...
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it's monday december thirty first two thousand and twelve four pm in washington d.c. i'm christine and you're watching our team or we going to begin this hour with a look at the latest on the fiscal cliff tonight at midnight is the deadline after all and it even brought the u.s. congress into work yesterday on a sunday as some people have been waiting with bated breath to see just what the terms of the deal will look like it's important to remember at least for the last few years budget deals always come down to the last known moment getting this done before the holidays would have meant lawmakers on both sides would appear to their constituents as desperate and being forced to vote one way or the other now we do want to outline for you the latest details of the deal to avert the fiscal cliff as of now the potential deal could bring six hundred billion dollars in revenue taxes would be increased. by nearly forty percent on individuals earning four hundred thousand dollars or more and for families earning four hundred fifty thousand dollars the earned income tax credit
it's monday december thirty first two thousand and twelve four pm in washington d.c. i'm christine and you're watching our team or we going to begin this hour with a look at the latest on the fiscal cliff tonight at midnight is the deadline after all and it even brought the u.s. congress into work yesterday on a sunday as some people have been waiting with bated breath to see just what the terms of the deal will look like it's important to remember at least for the last few years budget deals...
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he's washington correspondent for the new yorker magazine. also ali velshi our chief correspondent is joining us. deal or no deal? >> looks like from what dana is reporting, that a deal is in sight. republicans are saying they're going to have a vote tonight. looks like a deal is done. >> with the senate. >> we don't know what the house will do. and the last time john boehner tried to put something on the floor, his caucus rebelled. he'd have to let the house vote its will. >> but you agree if the president of the united states supports it, most of the house democrats will support it. so you don't need a majority of the republicans, you need a few republicans to get to that magic number of 218. >> exactly. obama and pelosi seem to have a firm grasp on the house democrats. it's just a matter of getting it to a vote in the house. what's happened over the course of the day is we had this seesaw. when details leak out, that angers democrats, they go back to the negotiating room and fight for a bit more. then some details leaked out that there wer
he's washington correspondent for the new yorker magazine. also ali velshi our chief correspondent is joining us. deal or no deal? >> looks like from what dana is reporting, that a deal is in sight. republicans are saying they're going to have a vote tonight. looks like a deal is done. >> with the senate. >> we don't know what the house will do. and the last time john boehner tried to put something on the floor, his caucus rebelled. he'd have to let the house vote its will....
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i live in washington, dc there is essentially no recession in washington. certainly not in the government sector so for the president to give a raise if a situation where most americans have not gotten a raise at all it looks bad and particularly bad at a time when the government seems to be frozen. >> a lot of people may argue that congress does not deserve a raise considering this fiscal cliff situation and the breaking news is no voice in the house tonight. how will it end up? >>reporter: it will end up how we have always known which is republicans are going to agree to an increase in the tax rates for the highest earners. in exchange they will not get a lot. but there will be an agreement. they are haggling over the amount, $250,000 to $400,000, around that and concerns about sequestration cuts. i have talked to senator whose say they could live with the taxes but the automatic across-the-board cuts especially in defense, because the sequestration cuts are divides half between defense and half the rest of discretionary spending, that is disproportionate
i live in washington, dc there is essentially no recession in washington. certainly not in the government sector so for the president to give a raise if a situation where most americans have not gotten a raise at all it looks bad and particularly bad at a time when the government seems to be frozen. >> a lot of people may argue that congress does not deserve a raise considering this fiscal cliff situation and the breaking news is no voice in the house tonight. how will it end up?...
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there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. when it comes to the blue chips, there was some flip-flopping going on. the biggest gainer last year, the biggest dog of the dow. bank of america. doubled in price this year as the bank improved its financial footing. home depot and disney all saw strong earnings. consumers proved resilient in 2012. jpmorgan another of last year's dogs round out the top five with all big double digit percentage increases. if you look at the numbers, bank of america up a whopping 108%. home depot up 46%. now, hewlett-packard, the dow's second biggest loser in 2011 is this year's worst perform
there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. when it comes to the blue...
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the washington regional alcohol program says deaths spiked by 60% on new year's eve. it's offering free cab rights home up to $30. the last new year's eve nearly 400 people took vang of the songer ride program. >>> a gray way to enof day, but nice look sunset. >>> storm team 4 meteorologist doug kammerer is here to tell us what to expect. >> you know it will be on the cool side as we end 2012, heading into 2013. i think it should be dry for most of us, though they are seeing a few flurries, a sprinkle, even a report of sleet. >>> it does look lie the storm system is trying though move our way. we'll talk much more about it, but here's what to expect. maybe a sprinkle or flurry, but around midnight, 36 degrees as we usher in the new years, starting off on a very chilly note. we'll talk about some of the coldest air so far this season, plus chances for rain and snow. >> why are you hoarse, doug? a little scratchy throat there? ♪ hail to the redskins >>> the redskins are the talk of the town. fans said they couldn't be happier. a lot of them were also excited that, wit
the washington regional alcohol program says deaths spiked by 60% on new year's eve. it's offering free cab rights home up to $30. the last new year's eve nearly 400 people took vang of the songer ride program. >>> a gray way to enof day, but nice look sunset. >>> storm team 4 meteorologist doug kammerer is here to tell us what to expect. >> you know it will be on the cool side as we end 2012, heading into 2013. i think it should be dry for most of us, though they are...
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david: i don't see a silver lining coming out of washington. but, congressman huelskamp, the reason i don't, i've seen all the promises broken in the past. the promise of three to one in terms of spending cuts to tax increases during the reagan administration. bush's two to one or whatever it was. all of those promises are broken. if the government gets more money, it will spend that money. it will not put it to pay down the debt, don't you agree? >> i agree. listen to what the president said a couple hours ago. he talked about sequestration and how bad those cuts were as if he hadn't signed the bill that did that. this was just 17 months ago. these are the first cuts that were to occur because of raising the debt ceiling. now they want to undo those. that's why folks, washington is all messed up. they promise spending cuts and don't deliver. david: let's put it to dennis in. he and i know each other a long time. we're friendly with each other. we like each other. dennis, can you ever point to a time when more revenue was paid to pay down the d
david: i don't see a silver lining coming out of washington. but, congressman huelskamp, the reason i don't, i've seen all the promises broken in the past. the promise of three to one in terms of spending cuts to tax increases during the reagan administration. bush's two to one or whatever it was. all of those promises are broken. if the government gets more money, it will spend that money. it will not put it to pay down the debt, don't you agree? >> i agree. listen to what the president...
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. >> just like those two in washington, they are talking but they're also posturing and posing instead of negotiating. it's gamesmanship. it's not cooperative governing but competitive dealmaking where each is merely trying to crush the other as daniel day-lewis' ruthless oil man did in "there will be blood." >> my sword reaches across the room and starts to drink your milkshake. i drink your milkshake. i drink it up! >> who will drink the other's milkshake? will they learn how to talk to each other? will they drive off the cliff? oh, there's a cheap hollywood feel to this bhol narrative, this self-inflicted drama, and i hope no one ever, ever makes a movie about it. that does it for "the cycle." jonathan capehart is in the chair today? i feel like he's cheating on us. weren't you part of "the cycle", brother? >> i was, but it's a new day now. thanks guys. i'm jonathan capehart in for martin bashir on this december 31st, 2012. we're so very close to a deal that would stop all hell from breaking loose. oh, and happy new year. >> today it appears that an agreement to prevent this new yea
. >> just like those two in washington, they are talking but they're also posturing and posing instead of negotiating. it's gamesmanship. it's not cooperative governing but competitive dealmaking where each is merely trying to crush the other as daniel day-lewis' ruthless oil man did in "there will be blood." >> my sword reaches across the room and starts to drink your milkshake. i drink your milkshake. i drink it up! >> who will drink the other's milkshake? will...
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or the way and washington once and for the. option rotund they live with us on the line from london happy new year to you and we do hope we'll continue to see you here on our teeth around twenty thirty. exception. to it have been years. now rory's back at the news already up to i have never seen a look so big. owners like forty feet in front of the size of wonderful three of you you know they say they say the camera adds ten pounds when you can go and. stop it as we all know you know artie we've got our three english around the world you. see espanol but in the united states they've got their own network of course r t america with a very impressive washington d.c. studio we can get to christine and we can almost get to christine for the moment she's just wrapping up our newscast right now in fact i can i can tell you i think the focus of our newscast has been has been that of the fiscal cliff we've been talking about it obama is going to address it in some hours but for now though make a lot of how well i will get to pepe escob
or the way and washington once and for the. option rotund they live with us on the line from london happy new year to you and we do hope we'll continue to see you here on our teeth around twenty thirty. exception. to it have been years. now rory's back at the news already up to i have never seen a look so big. owners like forty feet in front of the size of wonderful three of you you know they say they say the camera adds ten pounds when you can go and. stop it as we all know you know artie...
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people in washington don't want to cut programs especially their own. real americans say we need serious entitlement reform. but the president is dead set against that. that's the problem here. long-term we've got to deal with entitlements. i don't think this deal would touch those at all. that is a serious problem that i think threatens the financial stability of our nation. >> all right. we appreciate your thoughts, folks. thank you very much. happy new year. >> you too. thank you. >>> we are heading towards the close. and about 35 minutes left. we continue to come off those highs. the dow was up 150 points at the peak. now a gain of 106 right now. >> we're sitting above the 13,000 mark. that's the level to watch. whether we can close out the year above that mark. >>> still ahead, what's going to happen in the worlds of tech in 2013? we've got predictions that might shock you like who might buy netflix. >>> also the five-year drop is truly ugly, but bank of america has been a agreement investment this year. should you stay with it for 2013 or will the
people in washington don't want to cut programs especially their own. real americans say we need serious entitlement reform. but the president is dead set against that. that's the problem here. long-term we've got to deal with entitlements. i don't think this deal would touch those at all. that is a serious problem that i think threatens the financial stability of our nation. >> all right. we appreciate your thoughts, folks. thank you very much. happy new year. >> you too. thank...
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the fact to agree here in washington, d.c. about these numbers at $400,000 for individuals and $450,000 for couples, think about how much this is argued over over 10 years in washington. these tax levels. not just sunsetted later on, it's for couples and individuals permanently and a huge deal and what mitch mcconnell was trying to say, we have come to this agreement. voting to raise taxes. that's huge for republicans. don't scuttle it because of some hiccup over the sequester. now a lot of democrats who don't like this, they want the president to fight. remains to be seen is that can it pass the house gop? house republicans said any type of deal that doesn't cut spending will not get our vote even if it comes out of the senate. still a long way to go on any final compromise. >> kristen, what are you hearing out of the white house right now? >> toure, i'm hearing that actually their optimism seems to be mounting this afternoon. they are hopeful. you heard mitch mcconnell say it on the senate floor, they're very, very close to
the fact to agree here in washington, d.c. about these numbers at $400,000 for individuals and $450,000 for couples, think about how much this is argued over over 10 years in washington. these tax levels. not just sunsetted later on, it's for couples and individuals permanently and a huge deal and what mitch mcconnell was trying to say, we have come to this agreement. voting to raise taxes. that's huge for republicans. don't scuttle it because of some hiccup over the sequester. now a lot of...
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. >>> and we're live in washington watching last-minute negotiations for the fiscal cliff -- at noon. >>> it appears that an agreement to prevent this new year's tax hike is within sight but is not done. >> a little more than an hour ago, the president said he's optimistic that the u.s. economy will not go over the fiscal cliff. that's one of the top stories this noontime. good afternoon. i'm david stevenson. >>> we begin with developing news at this hour. san jose police are investigating the city's 46th homicide of the year. it happened at an apartment complex on lewis road off monterey highway and janine de la vega joins us from the scene. janine, we understand police may no who may be responsible -- may know who may be responsible. >> reporter: that's right. they have two adult males detained and they are questioning them and treating them as persons of interests. homicide detectives are here at the sulker breeze apartments. all of the activities seem to be centered around a parking garage. just before 9:30 this morning, they received a 911 call that a man with a gun was at the --
. >>> and we're live in washington watching last-minute negotiations for the fiscal cliff -- at noon. >>> it appears that an agreement to prevent this new year's tax hike is within sight but is not done. >> a little more than an hour ago, the president said he's optimistic that the u.s. economy will not go over the fiscal cliff. that's one of the top stories this noontime. good afternoon. i'm david stevenson. >>> we begin with developing news at this hour. san...
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news out of washington. the deal will get done. i hate to disagree with you. c'mon. the 11th-hour. i'm going to be the hero. it's already written out that way. reseeding gold and silver. obviously people did not want to be the first person and, once it started to gain momentum it took off. that's pretty much the stretch right now. liz: once again, assi wish you a happy new year, i love having you all on the program. on this day we are witnessing history. we can tell our children about the night that we worked and were on fox business and looking at the situation. i would personally love to see some real spending cuts at this point. okay. fine. you talk to a lot of ceos. most of them and make money as saying, you can tax me more. at least give me something for it. let me see something that brings down our deficit. okay. great to see you. happy new year. thank you so much. most of the the seiders, our elected officials are in d.c. on this new year's eve with a heat lamp of the media and constituents on them right now. what will they do? we are joined right now. we kept grabbing peopl
news out of washington. the deal will get done. i hate to disagree with you. c'mon. the 11th-hour. i'm going to be the hero. it's already written out that way. reseeding gold and silver. obviously people did not want to be the first person and, once it started to gain momentum it took off. that's pretty much the stretch right now. liz: once again, assi wish you a happy new year, i love having you all on the program. on this day we are witnessing history. we can tell our children about the night...
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>> i think washington, d.c. everyone. rs everyone. i think what joe mentioned yesterday is exactly right. people are looking at washington and seeing a dysfunctional city, dysfunctional government and we've got to prove them different and we've got, i think, we've got two to three months to really do something significant. you know, the campaign to fix the debt, which is bipartisan, greg and bloomberg and i are co-claire, we've been calling for them to do something big. they had seven weeks to do something big, and they didn't. they kicked the can down the road. >> they add decade to do something big. jimmy, listen, we are heading into the nur yeanew year, it is time for forgiveness. i will defend congress for a second. i was thinking about this last night, right? they are in an impossible tossing. if they say, i'm sorry, you won't get everything promised. period. next election they are go gone because someone will step up and say, sure, i will give you everything. i don't know how i'm going to pay for it. so i feel a little bad for c
>> i think washington, d.c. everyone. rs everyone. i think what joe mentioned yesterday is exactly right. people are looking at washington and seeing a dysfunctional city, dysfunctional government and we've got to prove them different and we've got, i think, we've got two to three months to really do something significant. you know, the campaign to fix the debt, which is bipartisan, greg and bloomberg and i are co-claire, we've been calling for them to do something big. they had seven...
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back to capitol hill with congressman jason almeyer of washington. what did you think of what sue said there? maybe the markets need to send you all a signal. what would you think about that? should we see a plunge in the markets before maybe that prompted you guys up there on capitol hill to do a deal? >> we shouldn't have to see that. if you remember back in 2008, that is what happened? the second vote was successful. let's hope that doesn't happen this time. i think everybody realizes that if we are unsuccessful today, and avoiding the fiscal cliff, the markets are going to react. luckily from the market's perfective, tomorrow is a holiday and then the following day seeing a downturn. we know that's the case and getting very close. i get the sense around the capitol that we're getting close to a deal and i do think we can get this done. >> okay. what gives you that sense? you said you get a sense walking around. what is it? in conversations? are you hearing whispers? putting a glass up to the door and trying to listen to the noeshss? what are you
back to capitol hill with congressman jason almeyer of washington. what did you think of what sue said there? maybe the markets need to send you all a signal. what would you think about that? should we see a plunge in the markets before maybe that prompted you guys up there on capitol hill to do a deal? >> we shouldn't have to see that. if you remember back in 2008, that is what happened? the second vote was successful. let's hope that doesn't happen this time. i think everybody realizes...
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that's coming up. >>> joe johns here in washington, d.c. where we are following the fiscal cliff negotiations. we just heard from the president of the united states here in washington, saying that a deal is within sight, but it is not done. he urged his supporters to keep the heat on congress until it's done. he focused among other things the fact that this deal would extend tax credits for families, extend the tuition tax credit and other things. also expressed concerns about cuts to social spending, which have not yet been worked out. so we're following all of that, and waiting to hear more about these outlines of a deal that have started to emerge. deb, back to you in atlanta. >> joe, also said that he would prefer to have done a grand bargain, but he's willing to take right now what he can get. late last night, when talks seemed to have broken down, vice president joe biden swooped in to help get them restarted. biden took an urgent call from mitch mcconnell, and the two agreed to plow forward again today. keep in mind this is the same
that's coming up. >>> joe johns here in washington, d.c. where we are following the fiscal cliff negotiations. we just heard from the president of the united states here in washington, saying that a deal is within sight, but it is not done. he urged his supporters to keep the heat on congress until it's done. he focused among other things the fact that this deal would extend tax credits for families, extend the tuition tax credit and other things. also expressed concerns about cuts to...
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oil prices have soared in the asian markets ahead of a last minute effort in washington to read. deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and he's the guy next to kind reporting right while i while congress has trouble sorting out a deal to prevent americans slipping into a tax black hole some agreements just seem to breeze on through and china mcgrath from a wide awake news explains. look at the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is you keep this massive government rolling and you can make social interest influence a washington d.c. whore that when the cameras are on you know they're on the red team they're going out there saying it's the welfare folks as well that's the people on food stamps or the peopl
oil prices have soared in the asian markets ahead of a last minute effort in washington to read. deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and he's the guy next to kind reporting right while i while congress has trouble sorting out a deal to prevent americans slipping into a tax black hole some...
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Dec 31, 2012
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washington has been an absolute circus. now in the center ring in 30 minutes, president obama is set to deliver his remarks, we will have them of course live for you here now on "power lunch." let's look at the countdown clock. if we don't get a deal before time slip slides away, spending cuts and tax hikes are indeed the order of the day on this new year. happy new year, america. i'm sue herrera. we will start with john har wood at the white house in a few minutes. but amman starts us out. >> it seems they are really hashing out details of what to do about the sequester, those are the massive spending cuts. how long you delay those down and otherwise pay for them seems to be the crux of the negotiation going on behind closed doors right now but it is very difficult to find out exactly where these negotiations stand because all sides are being very, very mum. we can tell you that democrats appear to be getting a little bit concerned about where this is headed. take a listen to senator tom harkin who took to the senate floor
washington has been an absolute circus. now in the center ring in 30 minutes, president obama is set to deliver his remarks, we will have them of course live for you here now on "power lunch." let's look at the countdown clock. if we don't get a deal before time slip slides away, spending cuts and tax hikes are indeed the order of the day on this new year. happy new year, america. i'm sue herrera. we will start with john har wood at the white house in a few minutes. but amman starts...
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Dec 31, 2012
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all eyes must be on washington. are investors more encouraged we will get some kind of a deal, however you want to characterize it by midnight tonight? >> hi, lori, hi, ashley. doesn't seem like it if you look at market numbers. they're hiring when we started this morning but they're actually lower before the president started speaking today. the dow is up 45 points. nasdaq is up about 32, and s&p is up about nine. not a huge amount of optimism. still across the board green. we're keeping an eye on duff and phelps. this is a private equity firm, struck a deal to buy that company for $365 million that is 19% premium from the closing price on friday. duff is up almost 20% on the day. year-to-date up 8%. not a bad way to close out the year for duff and fellsps. back to you. lori: thank you. there is little optimism. the fact we heard from the president who seemed to helicopter in as liz macdonald was suggesting to me in the greenroom here and that we are seeing some numbers. looks like the tax cut threshold, 400 for in
all eyes must be on washington. are investors more encouraged we will get some kind of a deal, however you want to characterize it by midnight tonight? >> hi, lori, hi, ashley. doesn't seem like it if you look at market numbers. they're hiring when we started this morning but they're actually lower before the president started speaking today. the dow is up 45 points. nasdaq is up about 32, and s&p is up about nine. not a huge amount of optimism. still across the board green. we're...
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Dec 31, 2012
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i'm chris live in washington in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's start with you. this is a fast-moving story. give us the latest perimeters of what appears -- i emphasize appears to be the start of a deal. >> well, it has been coming closer together, so we are told. the question is what will the president be saying, and senior advisors here as well as senators i've spoken to say they do not expect that he is making any nounment of a deal, so we'll wait for the white house to determine that for sure. what we've been hearing is that they h
i'm chris live in washington in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc...
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Dec 31, 2012
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given the deadlock in washington does he have a point? we'll see what history has to tell us and debate fair & balanced. rick: a fox news alert. we are 15 minutes away from hearing from president obama who is scheduled to speak on the on going negotiation toss try to avoid going over the so-called fiscal cliff. we got word the president is going to talk. we have been getting word over the last couple of phepbts about the framework for a possible deal that has been reached. this is a tentative deal. but it does not at this point involve any spending cuts. it puts off the sequestration, the mandatory cuts that were set to take place if no deal was reached by january 1st. it also includes tax increases, tax rate increases on some upper income brackets. again these are all tentative reports about a possible deal. the president set to speak at about 1:30pm eastern time and we'll carry it for you live right here. arthel: new controversy surrounding the bankruptcy filing by the city of stockton, california. city leaders are apparently going to p
given the deadlock in washington does he have a point? we'll see what history has to tell us and debate fair & balanced. rick: a fox news alert. we are 15 minutes away from hearing from president obama who is scheduled to speak on the on going negotiation toss try to avoid going over the so-called fiscal cliff. we got word the president is going to talk. we have been getting word over the last couple of phepbts about the framework for a possible deal that has been reached. this is a...
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Dec 31, 2012
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president, the hour is nyi and now washington is awash in the rumor that there might be some progress being made. i hope so. if there was anything that was made clear to this senator in the reelection in one of our biggest states in the union, it was that the people want us to come together and to stop this bickering, the ideological rigidity that we've seen, excessive amounts of -- and the excessive partisanship. and that is a huge, huge turno turnoff, because i think logical rigidity and excessive partisanship are impediments to getting people to come together with commonsense decisions for solutions. mr. president, obviously, there's an easy way, and hopefully that is what is being tweaked at the moment in a final solution with the president to speak in about 30 minutes. i hope so. mr. president, i'm going to leave you with this thought: my colleagues know that a little over a quarter century ago i had the privilege of seeing our home planet when the perspective of looking through the window of a spacecraft back at our planet. it was the 24th flight of the space shuttle. it was ear
president, the hour is nyi and now washington is awash in the rumor that there might be some progress being made. i hope so. if there was anything that was made clear to this senator in the reelection in one of our biggest states in the union, it was that the people want us to come together and to stop this bickering, the ideological rigidity that we've seen, excessive amounts of -- and the excessive partisanship. and that is a huge, huge turno turnoff, because i think logical rigidity and...
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Dec 31, 2012
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you know what, her social security is guaranteed because nobody in washington is going to go after it. >> you got it. >> thank you very much. i want to thank ben, jen, jimmy, and machine kay and jim a's mom, and that is all for now. alex returns here on wednesday on noon eastern, 9:00 a.m. pacific, and she'll be joined by rnc chair, meeblg steele, e sfwl ra clean, the "new york times" hugo lindgren, times rona, and norm ornstein of the american enterprise institute. can you follow alsxex now at facebook.com/now with alex. andrea mitchell reports next with chris sitting in for andrea, and will he have the president's live remarks on the fiscal cliff. good afternoon to you, chris. >> hello, joy. thank you very much. coming up, are we close to a deal? president obama will speak in about 30 minutes. we'll have it live. also joining us delaware senator chris kuhns, jack kingston and maryland democratic congressman elijah cummings talking about the cliff and the deal, maybe. we're also live at new york's presbyterian hospital with the latest on secretary of state hillary clinton's condition
you know what, her social security is guaranteed because nobody in washington is going to go after it. >> you got it. >> thank you very much. i want to thank ben, jen, jimmy, and machine kay and jim a's mom, and that is all for now. alex returns here on wednesday on noon eastern, 9:00 a.m. pacific, and she'll be joined by rnc chair, meeblg steele, e sfwl ra clean, the "new york times" hugo lindgren, times rona, and norm ornstein of the american enterprise institute. can...